United Arab Emirates: Natural Cork Stopper Market 2025

Natural Cork Stopper Market Size in the United Arab Emirates

The natural cork stopper market in the United Arab Emirates fell slightly to $X in 2022, declining by -2.8% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Natural Cork Stopper Production in the United Arab Emirates

In value terms, natural cork stopper production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 68% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Natural Cork Stopper Exports

Exports from the United Arab Emirates

In 2022, overseas shipments of corks and stoppers of natural cork decreased by -1% to X kg for the first time since 2019, thus ending a two-year rising trend. In general, exports faced a abrupt downturn. The growth pace was the most rapid in 2014 when exports increased by 1,485%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, natural cork stopper exports dropped to $X in 2022. Overall, exports saw a deep downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 2,227% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Bahrain (X kg), Rwanda (X kg) and Burundi (X kg) were the main destinations of natural cork stopper exports from the United Arab Emirates, together comprising 100% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bahrain (with a CAGR of +1,310.7%), while the other leaders experienced mixed trend patterns.

In value terms, Bahrain ($X) emerged as the key foreign market for corks and stoppers of natural cork exports from the United Arab Emirates, comprising 79% of total exports. The second position in the ranking was held by Rwanda ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Bahrain stood at +1,077.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+50.4% per year) and Burundi (-12.5% per year).

Export Prices by Country

The average natural cork stopper export price stood at $X per ton in 2022, dropping by -6.8% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 100% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Burundi ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+9.2%), while the prices for the other major destinations experienced mixed trend patterns.

Natural Cork Stopper Imports

Imports into the United Arab Emirates

Natural cork stopper imports into the United Arab Emirates declined sharply to X kg in 2022, which is down by -58.1% compared with 2021 figures. Overall, imports showed a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 575%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, natural cork stopper imports shrank notably to $X in 2022. In general, imports, however, posted notable growth. The growth pace was the most rapid in 2021 with an increase of 585%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X kg) constituted the largest supplier of natural cork stopper to the United Arab Emirates, accounting for a 34% share of total imports. Moreover, natural cork stopper imports from India exceeded the figures recorded by the second-largest supplier, Italy (X kg), twofold. The third position in this ranking was taken by Greece (X kg), with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled -12.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+12.0% per year) and Greece (0.0% per year).

In value terms, Italy ($X) constituted the largest supplier of corks and stoppers of natural cork to the United Arab Emirates, comprising 44% of total imports. The second position in the ranking was held by India ($X), with a 3.2% share of total imports. It was followed by Greece, with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-14.3% per year) and Greece (0.0% per year).

Import Prices by Country

The average natural cork stopper import price stood at $X per ton in 2022, with an increase of 37% against the previous year. Overall, the import price recorded a remarkable increase. The growth pace was the most rapid in 2013 when the average import price increased by 83%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+95.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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